Postal ballot result: loan to equity conversion approved

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ACSTECH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.8%Reaction day

₹51.40

prior close

₹51.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+0.1% vs market

IT Enabled Services peers, median of 79sector-0.0%+0.8% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.8 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-1.7

15m

-0.4

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+0.7+0.1-0.0+0.8

Next day

+5.9+1.1+4.8-0.0+5.9

+11.2+1.6+9.5-1.0+12.2

+16.7+1.5+15.2-1.5+18.2

+11.7+1.3+10.4-2.0+13.6

+14.6+1.4+13.2-1.1+15.7

+16.7-2.1+18.8-2.7+19.5

15d

+60.9-0.9+61.8-2.5+63.4

+48.4-1.4+49.9-5.2+53.6

+37.5-5.5+43.0-6.6+44.1

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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 79Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shareholders of ACS Technologies approved a special resolution via postal ballot to issue equity shares on a preferential basis for converting outstanding unsecured loans into equity. Of 70 members who voted, 99.99 percent voted in favor with only 5 members voting against. The resolution was deemed passed on 3 September 2026.

Likely market impact

Unsecured loans will convert to equity, potentially diluting shareholding but reducing company debt burden.